Comment & Analysis
Sovereign wealth
Uncategorized
Saudi Arabia to get sovereign wealth fund dividend, has no tax hike plan, says finance minister
Saudi Arabia expects to receive up to 25 billion riyals ($6.7 billion) in dividends this year from its sovereign wealth fund, the Public Investment Fund (PIF), in a one-off measure aimed at boosting coffers battered by low oil prices. "We called for part of the dividends, so we are possibly…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Gulf News